Borrowers from commercial banks in Myanmar
Myanmar: Borrowers from commercial banks was 13.49 per 1,000 adults in 2020. ◆ Volatile
Borrowers from commercial banks in Myanmar, 2004–2020
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
In 2020, borrowers from commercial banks in Myanmar stood at 13.49 per 1,000 adults. That is the highest value across all 17 years on record.
That represents a change of up 3.6% on the previous year and up 2,024.7% over ten years.
Over the whole period, borrowers from commercial banks in Myanmar peaked at 13.49 per 1,000 adults in 2020 and was at its lowest, 0.6299 per 1,000 adults, in 2009.
Myanmar ranks 103rd of 112 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Borrowers from commercial banks in Myanmar, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 0.6632 per 1,000 adults | — |
| 2005 | 0.9156 per 1,000 adults | +38.1% |
| 2006 | 0.9005 per 1,000 adults | -1.6% |
| 2007 | 0.7274 per 1,000 adults | -19.2% |
| 2008 | 0.6824 per 1,000 adults | -6.2% |
| 2009 | 0.6299 per 1,000 adults | -7.7% |
| 2010 | 0.635 per 1,000 adults | +0.8% |
| 2011 | 0.8345 per 1,000 adults | +31.4% |
| 2012 | 0.8694 per 1,000 adults | +4.2% |
| 2013 | 1.33 per 1,000 adults | +52.9% |
| 2014 | 1.93 per 1,000 adults | +45.2% |
| 2015 | 3.45 per 1,000 adults | +78.7% |
| 2016 | 4.46 per 1,000 adults | +29.2% |
| 2017 | 4.14 per 1,000 adults | -7.1% |
| 2018 | 4.45 per 1,000 adults | +7.6% |
| 2019 | 13.03 per 1,000 adults | +192.6% |
| 2020 | 13.49 per 1,000 adults | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7532 per 1,000 adults | 0.6299 per 1,000 adults | 0.9156 per 1,000 adults | 6 |
| 2010s | 3.51 per 1,000 adults | 0.635 per 1,000 adults | 13.03 per 1,000 adults | 10 |
| 2020s | 13.49 per 1,000 adults | 13.49 per 1,000 adults | 13.49 per 1,000 adults | 1 |
Countries ranked near Myanmar
More financial sector data for Myanmar
- Total reserves in months of imports, annual growth rate 5.72 % change on previous year (2019)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2019)
- Total reserves in months of imports, per capita 0 units per person (2019)
- Net domestic credit (current LCU), annual growth rate 15.1 % change on previous year (2020)
- Net domestic credit (current LCU), per unit of GDP 771.31 current LCU per US$ of GDP (2020)
- Net domestic credit (current LCU), per capita 1.15 million current LCU per person (2020)
- Net foreign assets (current LCU), annual growth rate 18.2 % change on previous year (2020)
- Net foreign assets (current LCU), per unit of GDP 161.32 current LCU per US$ of GDP (2020)
- Net foreign assets (current LCU), per capita 240,399 current LCU per person (2020)
- Net migration, annual growth rate -4.43 % change on previous year (2025)
Frequently asked questions
- What is borrowers from commercial banks in Myanmar?
- Borrowers from commercial banks in Myanmar was 13.49 per 1,000 adults in 2020, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Myanmar?
- The highest recorded value was 13.49 per 1,000 adults in 2020.
- What is the lowest borrowers from commercial banks recorded in Myanmar?
- The lowest recorded value was 0.6299 per 1,000 adults in 2009.
- How does Myanmar rank for borrowers from commercial banks?
- Myanmar ranks 103rd out of 112 countries with data for 2020.
- Is borrowers from commercial banks rising or falling in Myanmar?
- Over the last ten years it is up 2,024.7%. The long-run trend across the full record is volatile.
- Where does this Myanmar data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.